E17-5 Selected accounts of ASP, Inc., show the following: Computing cash flows from oper- ating activities-direct method (Obj. 3) Identifying items for the statement of cash flows- direct method Payments LONG-TERM DEBT 69,000 Beg. bal. 161,000 (Obj. 3) Issuance of debt for cash End. bal. 90,000 182,000 ACCOUNTS RECEIVABLE Beg. bal. Sales revenue End. bal. 30,000 Cash receipts from customers 139,000 120,000 11,000 Beg. bal. Acquisitions End. bal. Required INVESTMENT IN LAND 90,000 Cost of investments sold 109,000 127,000 108,000 Required For each account, identify the item or items that should appear on a statement of cash flows prepared by the direct method. State where to report the item.